Air New Zealand Dividends and Buybacks
Dividend criteria checks 2/6
Air New Zealand is a dividend paying company with a current yield of 5.61% that is well covered by earnings.
Key information
5.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 5.6% |
| Future Dividend Yield | 8.1% |
| Dividend Growth | -3.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.030 |
| Payout ratio | 81% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AIZ's dividend payments have been volatile in the past 10 years.
Growing Dividend: AIZ's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Air New Zealand Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AIZ) | 5.6% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Airlines) | 2.8% |
| Analyst forecast (AIZ) (up to 3 years) | 8.1% |
Notable Dividend: AIZ's dividend (5.61%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: AIZ's dividend (5.61%) is low compared to the top 25% of dividend payers in the Australian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.7%), AIZ's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (531.9%), AIZ's dividend payments are not well covered by cash flows.